English
Back
Download
Log in to access Online Inquiry
Back to the Top

Dow Jones Dives As Russia-Ukraine War Raises These Fears; Apple Stock, Amazon Fa

The Dow Jones Industrial Average plunged Monday as the Ukraine-Russia war sent oil prices higher again. $Apple (AAPL.US)$ , $Amazon (AMZN.US)$ and $Netflix (NFLX.US)$ fell despite bullish analyst calls. $Visa (V.US)$ and $MasterCard (MA.US)$ dipped after suspending operations in Russia.
A trio of stocks managed to test buy points despite the bearish action. Railroad play $CSX Corp (CSX.US)$ , gold play $Newmont (NEM.US)$ and $National Fuel Gas (NFG.US)$ attempted breakouts.
3.6% will tie the S&P 500 down about 3%,
Volume 0%
Volatility was up once again, with the Cboe Volatility Index, or VIX, up around 14%. Volume was running higher on both the New York Stock Exchange and the Nasdaq according to preliminary data, a negative on a down day.
Meanwhile, the yield on the benchmark 10-year Treasury note managed to inch higher. It was up about six basis points to 1.78%. Oil was gushing though, with West Texas Intermediate crude climbing 3.7% to about $120 per barrel.
There are worries that with commodity prices surging due to the war, that could spark a painful recession.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
9
+0
Translate
Report
232K Views
Comment
Sign in to post a comment
    125
    Followers
    10
    Following
    3616
    Visitors
    Follow
    Reassessing Chinese Assets
    Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.